Initial Designee definition

Initial Designee shall have the meaning set forth in Section 4.4.
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Initial Designee shall have the meaning set forth in Section 2.
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Initial Designee has the meaning set forth in Section 6.7(a).
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Examples of Initial Designee in a sentence

  • Notwithstanding the foregoing, to the extent any vacancy exists on the Parent Board immediately prior to the Effective Time, Parent may elect to fill the vacancy through the appointment of the Initial Designee in lieu of increasing the size of the Parent Board.

  • As long as Buyers and their Affiliates continue to beneficially own in the aggregate at least 600,000 Shares, Warrant Shares and/or Underlying Warrant Shares (appropriately adjusted for stock splits, combinations and similar changes), the Company will continue to nominate the Initial Designee or other designee of Rainwater, Inc.

  • Parent shall take all actions necessary so that, as and to the extent contemplated by the Stockholders Agreement, the Initial Designee (as defined in the Stockholders Agreement) shall be appointed to the Parent Board effective as of the first day following the day on which the Effective Time occurs.

  • Following any such selection of and consent to a replacement designee in accordance with the preceding sentence, such individual shall thereafter be deemed to be an Initial Designee.

  • The terms of employment contained in the Buyer’s written offer to the Initial Designee shall not be less favorable than the terms of the Initial Designee’s employment with the Seller immediately prior to the Closing.

  • Subject to the foregoing, the Company shall take appropriate action, effective as of the commencement of business on the first business day immediately after the Closing Date, to allow for the appointment of the Initial Designee to the committees of its board of directors.

  • If any replacement of an Initial Designee is required pursuant to this Section 4.2(a), any replacement designee must qualify both as an Outside Independent Director and as an Audit Qualified Director.

  • Upon the Buyer’s reasonable request, and subject to the parties’ mutual agreement on an appropriate increase to the Monthly Fee, the Seller and the Parent shall cause an individual or individuals other than the Initial Designee and reasonably acceptable to the Buyer to perform the Transition Services.

  • Upon any death, resignation or removal of an Initial Designee (other than as described in subsection (b) below), the Company shall, within five (5) business days following the receipt of a written notice from the Majority Subscribers identifying a replacement for such Initial Designee appoint such replacement to fill the vacancy so created.


More Definitions of Initial Designee

Initial Designee has the meaning set forth in Section 2.01(b).
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Related to Initial Designee

  • industrial design means features of shape, configuration, pattern or ornament applied to an article by any industrial process or means, being features which in the finished article appeal to and are judged by the eye, but does not include—

  • Board Designee means an employee of the Board who has been given authority by the Board to carry out a function for the Board (e.g., the Clerk, Assistant Clerk of the Board, or hearing officer).

  • Industrial Designs means all right, title and interest (and all related IP Ancillary Rights) arising under any Requirement of Law in or relating to registered industrial designs and industrial design applications.

  • Universal design means the design of products, environments, programmes and services to be usable by all people, to the greatest extent possible, without the need for adaptation or specialized design. “Universal design” shall not exclude assistive devices for particular groups of persons with disabilities where this is needed.

  • Share Designation has the meaning assigned to such term in ‎Section 3.2(b).

  • Remedial Design or “RD” shall mean those activities to be undertaken by SDs to develop final plans and specifications for the RA as stated in the SOW.

  • Type designation means a combination of letters and numerals assigned by the Government to a major end item, assembly or subassembly, as appropriate, to provide a convenient means of differentiating between items having the same basic name and to indicate modifications and changes thereto.

  • Initial Holder has the meaning set forth in the preamble.

  • Eligible Designee means a special purpose corporation, partnership, trust, limited partnership or limited liability company that is administered by the respective Designating Lender or an Affiliate of such Designating Lender and (i) is organized under the laws of the United States of America or any state thereof, (ii) is engaged primarily in making, purchasing or otherwise investing in commercial loans in the ordinary course of its business and (iii) issues (or the parent of which issues) commercial paper rated at least A-1 or the equivalent thereof by S&P or P-1 or the equivalent thereof by Xxxxx’x.

  • Registered design in this Act shall mean a design for which a design registration has been granted.

  • Presidential slate means a slate of two persons, the first of whom has been nominated as a candidate for President of the United States and the second of whom has been nominated as a candidate for Vice President of the United States, or any legal successors to such persons, regardless of whether both names appear on the ballot presented to the voter in a particular state;

  • Airline Designator Code means the two-characters or three letters, which identify particular air carriers.

  • Investor Designee means an individual nominated by the Board as a “Investor Designee” for election to the Board pursuant to Section 5.10(a), Section 5.10(d) or Section 5.10(e) of the Investment Agreement.

  • Community Development Director means the Director of City’s Department of Community Development or his or her designee.

  • Purchaser Designee means each individual then serving on the Board of Directors pursuant to the exercise of the Purchaser’s rights pursuant to Section 4.07(a) and/or Section 4.07(e), together with any designee(s) of the Purchaser who is then standing for election to the Board of Directors pursuant to Sections 4.07(a) and (b) or who is being proposed for election by the Purchaser pursuant to Section 4.07(e).

  • Initial Members means those Persons whose names are set forth in the first sentence of this Agreement. A reference to an “Initial Member” means any of the Initial Members.

  • Permitted Designee means (i) a spouse or a child of a Permitted Holder, (ii) trusts for the benefit of a Permitted Holder or a spouse or child of a Permitted Holder, (iii) in the event of the death or incompetence of a Permitted Holder, his estate, heirs, executor, administrator, committee or other personal representative or (iv) any Person so long as a Permitted Holder owns at least 50% of the voting power of all classes of the voting stock of such Person.

  • Initial Holders has the meaning set forth in the preamble.

  • Residential Development means lands, buildings or structures developed or to be developed for residential use;

  • Initial Member has the meaning set forth in the introductory paragraph.

  • Series Designation has the meaning assigned to such term in Section 3.03(a).

  • certificate of registration means registration with the College that allows the Participant to practise medicine in British Columbia, other than the certificate of registration which allowed the Participant to enrol in Postgraduate Medical Education;

  • Project Director means an employee of the Recipient designated by the Authorized Representative to be responsible for the overall management of the administrative and technical aspects of the executed Agreement. The Project Director is set forth in Section 2 of this Agreement.

  • Original member of this retirement system means:

  • Public research university means Rutgers, The State University

  • Executive session means all or part of a meeting that is closed or confidential.